CSGS has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
CSGS has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. CSG Systems International's Revenue for the three months ended in Sep. 2024 was $295 Mil. CSG Systems International's Total Assets for the quarter that ended in Sep. 2024 was $1,370 Mil. Therefore, CSG Systems International's Asset Turnover for the quarter that ended in Sep. 2024 was 0.22.
Asset Turnover is linked to ROE % through Du Pont Formula. CSG Systems International's annualized ROE % for the quarter that ended in Sep. 2024 was 27.18%. It is also linked to ROA % through Du Pont Formula. CSG Systems International's annualized ROA % for the quarter that ended in Sep. 2024 was 5.57%.
The historical data trend for CSG Systems International's Asset Turnover can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CSG Systems International Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Asset Turnover | Get a 7-Day Free Trial | 0.83 | 0.76 | 0.77 | 0.80 | 0.84 |
CSG Systems International Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Asset Turnover | Get a 7-Day Free Trial | 0.22 | 0.21 | 0.22 | 0.22 | 0.22 |
For the Software - Infrastructure subindustry, CSG Systems International's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Software industry and Technology sector, CSG Systems International's Asset Turnover distribution charts can be found below:
* The bar in red indicates where CSG Systems International's Asset Turnover falls into.
Asset Turnover measures how quickly a company turns over its asset through sales.
CSG Systems International's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as
Asset Turnover | ||||||
= | Revenue | / | Average Total Assets | |||
= | Revenue (A: Dec. 2023 ) | / | ( (Total Assets (A: Dec. 2022 ) | + | Total Assets (A: Dec. 2023 )) | / count ) |
= | 1169.258 | / | ( (1348.553 | + | 1443.046) | / 2 ) |
= | 1169.258 | / | 1395.7995 | |||
= | 0.84 |
CSG Systems International's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as
Asset Turnover | ||||||
= | Revenue | / | Average Total Assets | |||
= | Revenue (Q: Sep. 2024 ) | / | ( (Total Assets (Q: Jun. 2024 ) | + | Total Assets (Q: Sep. 2024 )) | / count ) |
= | 295.143 | / | ( (1353.288 | + | 1387.446) | / 2 ) |
= | 295.143 | / | 1370.367 | |||
= | 0.22 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.
CSG Systems International (NAS:CSGS) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
CSG Systems International's annulized ROE % for the quarter that ended in Sep. 2024 is
ROE %** | (Q: Sep. 2024 ) | ||||
= | Net Income | / | Total Stockholders Equity | ||
= | 76.352 | / | 280.87 | ||
= | (Net Income / Revenue) | * | (Revenue / Total Assets) | * | (Total Assets / Total Stockholders Equity) |
= | (76.352 / 1180.572) | * | (1180.572 / 1370.367) | * | (1370.367/ 280.87) |
= | Net Margin % | * | Asset Turnover | * | Equity Multiplier |
= | 6.47 % | * | 0.8615 | * | 4.879 |
= | ROA % | * | Equity Multiplier | ||
= | 5.57 % | * | 4.879 | ||
= | 27.18 % |
Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) revenue data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.
It is also linked to ROA % through Du Pont Formula:
CSG Systems International's annulized ROA % for the quarter that ended in Sep. 2024 is
ROA % | (Q: Sep. 2024 ) | ||
= | Net Income | / | Total Assets |
= | 76.352 | / | 1370.367 |
= | (Net Income / Revenue) | * | (Revenue / Total Assets) |
= | (76.352 / 1180.572) | * | (1180.572 / 1370.367) |
= | Net Margin % | * | Asset Turnover |
= | 6.47 % | * | 0.8615 |
= | 5.57 % |
Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) revenue data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.
Thank you for viewing the detailed overview of CSG Systems International's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Hai Tran | officer: EVP & CFO | C/O SOC TELEMED, INC., 1768 BUSINESS CENTER DRIVE, SUITE 100, RESTON VA 20190 |
Lori Szwanek | officer: SVP, Chief Accounting Officer | 2803 N 161ST AVENUE, OMAHA NE 68116 |
Kenneth M Kennedy | officer: EVP Product Development | 33 W MONROE ST, SUITE 900, CHICAGO IL 60603 |
Eric Carrasquilla | officer: EVP Pres. Customer Experience | 1600 SEAPORT BLVD., SUITE 400, PACIFIC SHORES CENTER - BUILDING 6, REDWOOD CITY CA 94063 |
Rachel A. Barger | director | 751 SHERWOOD RD NE, ATLANTA GA 30324 |
Rasmani Bhattacharya | officer: SVP, General Counsel | 6175 S. WILLOW DR 10TH FLOOR, GREENWOOD VILLAGE CO 80111 |
Chad Dunavant | officer: EVP Product & Strategy Officer | 6175 S WILLOW DR 10TH FLOOR, GREENWOOD VILLAGE CO 80111 |
Alfred George Binford | officer: President, Customer Engagement | 6175 S WILLOW DR 10TH FLOOR, GREENWOOD VILLAGE CO 80111 |
David Neil Schaaf | officer: SVP, Chief Accounting Officer | 6175 SOUTH WILLOW DRIVE, GREENWOOD VILLAGE CO 80111 |
Gregory A Conley | director | 9197 S. PEORIA ST., ENGLEWOOD CO 80112 |
Elizabeth A Bauer | officer: EVP, CMO & CCO | 6175 SOUTH WILLOW DRIVE, 10TH FLOOR, GREENWOOD VILLAGE CO 80111 |
Rolland B Johns | officer: Chief Accounting Officer | 9555 MAROON CIRCLE, ENGLEWOOD CO 80112 |
Tseli Lily Yang | director | C/O MEDIVATION, INC., 525 MARKET ST., 36TH FLOOR, SAN FRANCISCO CA 94105 |
Silvio Tavares | director | 20 TIPTOE LANE, BURLINGAME CA 94010 |
Bret C Griess | officer: EVP, Operations | 9555 MAROON CIRCLE, ENGLEWOOD CO 80112 |
From GuruFocus
By Business Wire • 04-25-2024
By Business Wire • 07-23-2024
By GuruFocus News • 11-07-2024
By Business Wire • 11-12-2024
By GuruFocus News • 11-05-2024
By Business Wire • 05-16-2024
By Business Wire • 08-22-2024
By Business Wire • 09-17-2024
By GuruFocus Research • 05-02-2024
By Business Wire • 06-11-2024
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.